

Agribusiness by S&P Global
579 posts

@SPGlobalAgri
This account will no longer be active after JANUARY 1ST, 2023. Follow @SPGCIAg for the entire agriculture value chain from farm to fork.





















#Commodities2023 Record Brazilian #soybean harvest points to oversupplied market in MY 2022-23, @AsimAnand25 writes 🔸Basis prices plunge since mid-year on forecast of record harvest in #Brazil 🔸Analysts see the increase in supply outpacing demand in 2023 okt.to/DOhVMe



#Australia's MY 2022-23 #wheat output forecast at record 36.6 mil mt, @SampadN and @isdathang write. 🔸Concerns remain over quality of crop amid rains 🔸APW prices fall 7% on month in Dec, ASW down 10% okt.to/iM8ATa #OATT



Argentina restarts soy dollar program until year-end, China to buy 1 mil-1.5 mil mt 🔸New exchange rate Pesos 230 to US$1 on soy products, derivatives 🔸Chinese crushers look to extend January coverage okt.to/1ji8QR #OATT







